Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
NoBroker Forum: A Great Place to Discuss & Ask Questions About Anything Related to Real Estate - Residential and Commercial Rent, Home Rental Agreements, Movers and Packers Cost Estimates, Furniture Rentals, Home Cleaning & Painting Services, Sale Agreements and Legal Queries related to Buying and Selling of Homes.
The cultural and economical hub in Southern India, Chennai is located in Tamil Nadu Chennai’s economic growth and real estate development are majorly based on three pillars: Automobiles, Electronics, IT-ITES. Chennai's real estate market reached a blistering pace. Some of the famous residential areas in Chennai are; Oragadam, Ambattur, Old Mahabalipuram Road, Thoraipakkam, and Pallikaranai. The city is witnessing rapid industrial growth with modern lifestyle conveniences. The infrastructure in the city is rapidly growing in terms of roads, expressways, metro projects, and monorail corridors. Currently, there are real estate projects under development in the city naming few are SRP project, TVS Emerald Peninsula. You can find an ultra modern lifestyle in Chennai. Also if you invest in the Chennai real estate market at present you can gain high profits within a few years. Top 5 Localities in Chennai for Affordable Properties
The localities mentioned below are popular for real estate investment. You can enjoy excellent public and private transportation. Properties in these areas are available at an affordable range. Many reputed builders have started developing residential properties in this area; Tata, Godrej, and Mahindra to name a few.
Top 5 Localities in Chennai to find Premium Properties
Velachery, West Mambalam, Korattur and Valasaravakkam are among a few localities in Chennai which are in demand for luxury residential complexes. There are properties in this area which you will find exceptional amenities with picturesque views. Find out average property rates in the popular premium areas in the table below:
Top 5 Localities for Properties on Rent in Chennai
The below-mentioned properties are in demand for rental accommodations as these areas are closer to industries, serve all the amenities. People can enjoy the city life and buzz with the availability of transportation, entertainment and much more.